Ontario Cuts Solar, Wind Power Subsidies in Review
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The government of Ontario said today that it will reduce premium rates for solar and wind power in a two-year review of a program with 4.6 gigawatts of contracts.
Canada’s most populous province will cut rates for feed-in tariffs, or FITs, for solar power by 20 percent and 15 percent for wind and annually review prices each November for the following year, it said in statement. Prices for hydropower, biogas, biomass and landfill gas will remain unchanged.